Professional
Added to YB: 2024-06-10
Pitch date: 2024-06-07
BRZE [bullish]
Braze, Inc.
-9.4%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
Market Cap
$3.2B
Pitch Price
$36.58
Price Target
70.00 (+111%)
Dividend
N/A
EV/EBITDA
-32.00
P/E
-27.61
EV/Sales
4.46
Sector
Software
Category
growth
Show full summary:
Braze, Inc.: Accelerating Growth and Improved Margins (Needham)
BRZE: Strong Q1 with accelerating subscription rev growth & healthy 29% cRPO growth. Added 10 $500k+ ARR customers, beating recent trends. Cautious H2 guide sets up beat potential. Profitability improving despite investments; non-GAAP profit expected Q4. $70 PT reiterated.
Read full article (1 min)